by Laura Baliestiero | Jan 21, 2021 | Buyers & Sellers, Housing Market Updates
Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income....
by Laura Baliestiero | Jan 14, 2021 | Buyers & Sellers, Housing Market Updates
The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According to the...
by Laura Baliestiero | Jan 13, 2021 | Buyers & Sellers, Distressed Properties, Housing Market Updates
At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are...
by Laura Baliestiero | Jan 5, 2021 | Buyer, Housing Market Updates
The housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this winter...
by Laura Baliestiero | Dec 31, 2020 | Buyers & Sellers, Housing Market Updates, Pricing
The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead. Lawrence...
by Laura Baliestiero | Dec 29, 2020 | Housing Market Updates, Interest Rates, Market Updates, Mortgage Rates
Throughout 2019 and 2020, housing inventory was at record lows. Despite the pandemic and high unemployment, home sales are outpacing new listings every month. Unless there are sellers forced to come to the market in 2021, this scenario should continue. The driving...
